WHAT IS MY HOMES EQUITY?

How Much Equity Do I Have In My Home

EQUITY-How much equity do I have in my home?  How much will I net when my home sells....

 

Home equity is the value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments. This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates.